Budget Secretary Amenah F. Pangandaman has assured that big-ticket foreign-assisted programs and projects will no longer suffer from delays, given the budget cover included in the proposed 2026 spending plan of the national government. For its part, aid agency Japan International Cooperation Agency...
Six out of 45 projects flagged as problematic in 2023 by the Department of Economy, Planning, and Development (DEPDev) have been removed from the list of critical-stage projects, a top official said. This, as DEPDev’s 2024 Official Development Assistance (ODA) Portfolio Review Report released on...
Speaker Martin Romualdez (4th, right side) and Japanese Speaker Fukushiro Nukaga (center, left side) meet at the Tokyo parliamentary building late Tuesday morning. They share a moment of camaraderie and diplomatic dialogue aimed at strengthening the ties between the Philippines and Japan....
The Philippines and France have inked a financial and development cooperation agreement aimed at tackling poverty and fostering inclusive growth for Filipinos, the Department of Finance (DOF) announced. On June 7, Finance Secretary Ralph G. Recto and Ambassador Extraordinary and Plenipotentiary of...
The Department of Finance (DOF) said that the Philippine government is on track to finalize four loan agreements with the Japan International Cooperation Agency (JICA) this year. According to the DOF, these loan agreements, estimated at $1.5 billion (P86.4 billion), are earmarked for projects...
Japanese Prime Minister Fumio Kishida’s visit to the Philippines will pave the way for stronger economic and security cooperation between the two nations, Senator Sherwin Gatchalian said. “Prime Minister Kishida’s visit to the country couldn’t be more timely given recent...
Issues related to the West Philippine Sea are among the topics President Marcos and Japanese Prime Minister Kishida Fumio are expected to discuss during the latter's visit in Manila. President Ferdinand 'Bongbong' Marcos Jr. and Japan Prime Minister Kishida Fumio (Photo courtesy of Bongbong Marcos...
Surigao del Sur Representative Johnny Pimentel on Thursday, November 2 is confident that Japan can be the “logical fallback funding source” for the construction of the Mindanao Railways Project (MRP). Pimentel raised the idea ahead of Japanese Prime Minister Fumio Kishida’s visit...
Senator Grace Poe on Thursday, October 26 welcomed the government’s move to abandon its loan negotiations with China for the P83-billion Mindanao railway project. This, after Department of Transportation (DOTr) Secretary Jaime Bautista recently announced that the government will no...
Japan declared its commitment to support the Philippines in attaining an upper middle-income status in the next few years. A joint committee meeting was held in Tokyo on Tuesday, Aug. 29 between the Philippine delegation and the Japanese government to determine the necessary development assistance...
The government is eyeing to establish national food stamp program through an Official Development Assistance (ODA) financing of the Asian Development Bank (ADB), President Ferdinand “Bongbong” Marcos Jr. said on Monday, May 22. President Ferdinand Marcos Jr. (Photo from the Presidential...
The Asian Development Bank’s (ADB) has earmarked $9.4 billion in sovereign lending to the Philippines for the next three-years to help the government revitalize the economy amid the coronavirus disease pandemic. In a statement, the Manila-based multilateral institution, said that at least...
